Can You Fund Your Liquidation with a Director Redundancy Claim? Learn More
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Don’t Forget Your Redundancy
If you are considering liquidation, you might also qualify for director redundancy for which the average compensation is £12,000. Find out more below.
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If your company is insolvent, find out how you can liquidate quickly and sometimes totally FREE of charge. We also handle solvent liquidations from £2500.
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Why Choose Us?
We help hundreds of directors every year with company closure or rescue solutions.
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Is Your Company Struggling?
Facing cash-flow problems? Supplier issues? Business dried-up? We can help revive your company.
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Liquidate Your Company for FREE
In many cases, our liquidation fees are covered by your director redundancy payment with money left over for you to enjoy. Find out more below.
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We are No.1 in the UK for Company Liquidations
Find out if you can walk away from business debts and close your limited company through liquidation – possibly funded by director redundancy.
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Director Redundancy

Average Claim £12,000
Call 0800 063 9262
Monday to Friday 8am - 6pm

Director Redundancy

When a company director is on the payroll (i.e. paid via PAYE), they are eligible for a number of statutory entitlements in the same way that their employees are. A common misconception is that a director cannot claim redundancy payment when their company enters liquidation or administration whilst their employees can; however, in most cases directors can apply for redundancy and other statutory entitlements based on a number of qualifying criteria.

 

jonathan-munnery

Jonathan Munnery
Insolvency Expert

0800 063 9262

Do You Qualify?

Essentially, if your company is either in liquidation or the writing is on the wall and liquidation seems inevitable, there is a very high chance of you receiving some sort of compensatory pay-out if the following criteria are true:

  • You are paid via PAYE or have been in the past
  • The company has been incorporated for at least two years
  • The company has traded in the last 12 months
  • The company was insolvent at the time of liquidation or is currently insolvent

We have helped thousands of company directors in recent years; many of which were completely unware of their right to claim statutory entitlements. The average redundancy payment for directors is around £12,000.

 

Where does the money come from?

Directors of a struggling company often fail to consider their redundancy entitlements – wrongly assuming that because the company bank balance is empty or in the red, there is no claim potential. The money you claim will come from the National Insurance Fund, a giant government insurance scheme into which we all pay as we work – otherwise known as National Insurance Contributions. The government’s Redundancy Payments Service is there to offer a parachute to employees and employers alike when they lose their jobs or businesses.

 

Can you assist with my claim?

Absolutely – we have a team of advisors with vast experience in assisting company directors on issues such as insolvency and redundancy. It takes just minutes to qualify a director’s right to claim and advise you of the next steps. We have the expertise to assist company directors pre and post insolvency and also assess the impact on your staff and the risk of TUPE. Our experience immediately reduces the possibility of rejection, under claiming, and the possibility of employment tribunal proceedings – and the director only pays our fee once you have been paid so there truly is nothing to lose.

Confidential Review
Prices from £2500 + VAT
See if you Qualify

Monday – Sunday: 8am – 8pm
Tel: 0800 063 9262

Our 60 Second Form Can Provide:

  • FREE Liquidation Quote
  • Advice on Writing off Debt
  • 100% Confidential Review
  • Director Redundancy Assessment

More About Us:

  • More Liquidations than any UK firm in 2016
  • Help directors receive £12,000 average redundancy pay
  • Nationwide Coverage – 48 UK Offices
  • Fast, Efficient and Confidential Liquidation Service
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Advice You Can Trust

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Client Testimonials

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BrianGateshead
Our family-run construction firm had enjoyed a good run since the 1980s but with margins squeezed tighter than ever before and a saturated marketplace, we began to struggle. We also had a key supplier that went bust leaving us with major problems. We decided we needed to liquidate as cash-flow was steadily decreasing and creditors were chasing. UKLiquidators handled the CVL and enabled us to write off our debts. I was surprised to learn I was also eligible for £14,500 in director redundancy.

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PaulBristol
I am the Managing Director of three separate companies within a subsidiary but one of these companies was dragging the other two down. I needed to work out the most tax-efficient way of closing the struggling company but due to the complex nature of our company structure, our accountant couldn't provide the advice we needed. Thankfully, UKLiquidators took control of the situation and we were delighted with the outcome. We were able to fund the liquidation through a significant director redundancy payment which both my wife and I received as we were the two managing directors.

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